Prime Central London Residential Property Market Highlights: 2013 in Review

  2013 Highlights:   Total value of transactions in Royal Borough of Kensington & Chelsea (K&C) and City of Westminster in 2013: £7.45bn   Most transactions (by total value) in K&C and Westminster achieved prices between £2m and £5m despite introduction of Annual Tax on Enveloped Dwellings. 30% of all transactions by total transaction value […]

Capital Gains Tax for UK Non-Residents

George Osborne, Chancellor of The Exchequer, announced today in his Autumn Statement that Capital Gains Tax (CGT)  would apply to the sale of property owned by non-residents from April 2015. The Chancellor said, “Britain welcomes investment from overseas but it’s not right that those who live here have to pay CGT, but those who are non-residents […]

Bidding War over Brompton Road Disused Tube Station

A multimillion pound bidding war has erupted over the Brompton Road Tube Station, located between the Knightsbridge and South Kensington Tube Stations, opposite the Brompton Oratory on Cottage Place.  The Qatari Royal Family and a ‘mysterious’ Ukrainian billionaire are at odds trying to buy the disused station as a development opportunity.  Ajit Chambers of the […]

London’s Largest Home

There have been numerous recent developments creating ultra luxurious super sized homes for the international elite. Whilst in the commercial sector ambition is measured by erecting the loftiest skyscrapers such as the Shard, in the residential world it is palatial sized lateral space that commands the attention of the global elite.   Developer Marcus Cooper […]

Top Ten Best Luxury Property Developments in London

  1. One Hyde Park     Developer :                Candy and Candy Location:                     Knightsbridge Prices (£/sqft):          £5500/sqft to £7000/sqft  About the Development: Reknown as the World’s Most Expensive Address, the development offers 82 apartments with all the trimmings for the global elite from bullet proof glass to panic rooms and services from […]

Prime Central London Property of the Week: 2,50 Cadogan Square

Flat two, 50 Cadogan Square is a super prime first floor flat lying on the western side of the extremely prestigious Cadogan Square in Knightsbridge, interior designed by a Candy and Candy. With a price tag of £7,500,000 (£4804/sqft),  the boutique apartment measures 1,561 square feet and features two bedrooms, two bathrooms, and one reception […]

Candy Acquisition : Duke’s Lodge, Holland Park W11

British luxury property developer  and investor Christian Candy’s CPC group has recently acquired Duke’s Lodge through one of its SPVs on the northern edge of Holland Park for an undisclosed sum. Candy’s CPC group beat out rival developers Chelsfield, Amazon Properties, Native Land (developers of NeoBank Side, Alpha Place and 30 Old Burlington Street) and […]

Prime Central London Property of the Week: 1 Waverton Street

1 Waverton Street is a seven floored freehold family home offering the opportunity to live in a beautiful newly fully renovated detached house fully equipped with state of the art features in the heart of Mayfair. With a price tag of £30,000,000, the property measures 8,580 square feet (£3497/sqft) and features five bedrooms, eight bathrooms, […]

KKindex – Prime Central London Property Index from Khalil and Kane

The KKindex was developed by Khalil and Kane to track the average highest achieved sales prices for high specification, new build and unique properties on prime streets within a selection of prime areas in prime central London.  The KKindex began as an internal project in 2009 to assist in overcoming the challenge of finding comparable […]

Lakshmi Mittal Selling Home on Billionaire’s Row

    Lakshmi Mittal, the steel tycoon and one of the UK’s wealthiest men, is rumoured to be selling one of his three homes on one of London’s most exclusive streets. The property at 6 Palace Green, also known as “Billionaire’s Row” due to its exclusively Ultra High Net Worth residents, was bought for £117 […]